Bitcoin Drama

The New Yorker’s Joshua Davis Attempts to Identify Bitcoin Creator Satoshi Nakamoto

satoshi

The New Yorker has a great story in its upcoming issue about Bitcoin, the cryptocurrency still trucking along after a glorious rise in value to $33 USD due to a spate of media-driven attention followed by a plunge to about $5 USD, where it stands now. The writer, Joshua Davis, attempted to find Bitcoin’s creator, the probably pseudonymous Satoshi Nakamoto, who after years of prolific postings on the internet wrote to Bitcoin project lead Gavin Andresen in April that he had “moved on to other things.”

“He’s a world-class programmer, with a deep understanding of the C++ programming language,” Dan Kaminsky, one of the country’s top internet security experts, said of Mr. (or Ms.) Nakamoto.¬†“He understands economics, cryptography and peer-to-peer networking.¬†Either there’s a team of people who worked on this, or this guy is a genius.”

Mr. Davis started following Mr. Nakamoto’s trail of online writing, and noticed that, after an initial post announcing Bitcoin that used American spelling, the programmer used the British spelling, referred to London newspapers and at one point using the phrase “bloody hard”–suggesting he had lived or studied in the U.K. or Ireland.

Mr. Davis headed to the close-knit cryptography conference Crypto 2011 to find more traces of Nakamoto. He found nine attendees who fit the bill. Two were dismissive of Bitcoin; two had no history with large software projects. Then Mr. Davis started looking into a man named Michael Clear. Read More